Back 1/114 Hardware Street
Off Market

1/114 Hardware Street

Melbourne VIC 3000

2
1
77 m²
Apartment
Last sold for $540,000
Jen Lin LauJen Lin Lau, last sold this property on 21 October 2026 after 35 days on market.

Overview

Rare opportunity to own a property on Hardware Street

Investors Please Note: The property could return in the vicinity of $650 to $780 per week. Set within a boutique collection of just 15 residences, this impeccably presented two-bedroom apartment delivers a perfect blend of style and sanctuary. Step outside your ground-floor retreat to explore Melbourne's iconic laneway cafés and restaurants. Enjoy premier dining with a European flair along famous Hardware Lane, where you can spend mornings sitting alfresco-style, sipping world-class barista coffee reminiscent of an Italian holiday. Step through the striking glass-roofed atrium into a thoughtfully designed home. The soaring near-three-metre-high ceilings instantly create a sense of openness and grandeur, a rare find in the CBD. The sleek, kitchen features a dishwasher, oven, and an easy-clean electric cooktop-perfect for effortless entertaining. Wonderfully spacious open-plan living and dining is framed by floor-to-ceiling glass, featuring ducted heating/cooling and double glazing for year-round comfort. Both generously sized bedrooms showcase peaceful garden wall views and extensive built-in robes. The stylish heated bathroom impresses with full-height tiles and a frameless shower, while a separate powder room and handy European laundry complete the considered floorplan. Hardware Street sits just a short walk from Melbourne Central and the Emporium Shopping Centre. World-class universities, Queen Victoria Market, Flagstaff Gardens are all moments away and Melbourne's legendary sports and entertainment is right at your fingertips. Offered with lucrative short-stay investment potential, you can hit the ground running with an option to purchase the high-quality furniture and decor on display. Whether running an Airbnb, a furnished rental, or living here yourself, the choice is yours, and the high rental yields make this prime location extremely attractive. Positioned in one of Melbourne's most coveted pockets, an opportunity of this calibre within a boutique block is exceptionally rare. Outgoings: Council Rates: $1,266.45 per annum Water Rates: $791.14 per annum Owners Corporation Fees: $1,270.40 per quarter

Features

2 bedrooms
1 bathroom
77 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1/114 Hardware Street is $542.95k.

Median value
$542.95k
Estimated value range
$237k - $3m
Median days on market
48
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/114 Hardware Street

2026
Sold
$540,000
21 Oct 2026 by Jen Lin Lau, of MICM
2015
Sold
$466,400
Private Sale/Treaty on 16 Apr 2015

Happy sellers in Melbourne

82%
82% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 115 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 748 two-bedroom apartments similar to 1/114 Hardware Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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